US trade with Serbia in the 1st quarter of 2017

Published or Updated: Jul 28, 2017

The report on US foreign trade in goods with Serbia in the 1st quarter of 2017: exports, imports, balance, product types and groups, dynamics.

US Trade with Serbia

In the 1st quarter of 2017, US trade with Serbia totaled $107.7 million, up 7.49% ($7.5 million) from the 1st quarter of 2016.

US exports to Serbia in the 1st quarter of 2017 were $29.6 million, down 6.75% ($2.1 million) from the 1st quarter of 2016.

US imports from Serbia in the 1st quarter of 2017 totaled $78.1 million, up 14.10% ($9.7 million) from the 1st quarter of 2016.

US trade deficit with Serbia in the 1st quarter of 2017 was $48.5 million, a 32.18% increase ($11.8 million) over the 1st quarter of 2016.

Serbia was the US 113th largest trading partner in the 1st quarter of 2017 (up from 114th in the 1st quarter of 2016), accounting for 0.0115% of US total trade (just as in the 1st quarter of 2016).

Serbia was the US 134th largest export market in the 1st quarter of 2017 (down from 130th in the 1st quarter of 2016), accounting for 0.0080% of US total exports (down from 0.0091% in the 1st quarter of 2016).

Serbia was the US 97th largest supplier in the 1st quarter of 2017 (just as in the 1st quarter of 2016), accounting for 0.0138% of US total imports (up from 0.0130% in the 1st quarter of 2016).

US Exports to Serbia

The major share of US exports to Serbia in the 1st quarter of 2017 (and in the 1st quarter of 2016) was accounted for the following product types:

  • Machinery, equipment and vehicles (HS codes 84-90) - 44.24% of US total exports to Serbia (44.46% in the 1st quarter of 2016);
  • Food products and agricultural raw materials (HS codes 01-24) - 25.66% of US total exports to Serbia (32.22% in the 1st quarter of 2016);
  • Chemical products (HS codes 28-40) - 6.97% of US total exports to Serbia (5.19% in the 1st quarter of 2016);
  • Metals and products from them (HS codes 72-83) - 2.44% of US total exports to Serbia (1.22% in the 1st quarter of 2016).

The largest gains in US exports to Serbia in the 1st quarter of 2017 over the 1st quarter of 2016 were recorded for the following product groups:

  • Aircraft, spacecraft, and parts thereof (HS code 88) - an increase of $0.7 million;
  • Pharmaceutical products (HS code 30) - an increase of $0.5 million;
  • Explosives; pyrotechnic products; matches; pyrophoric alloys; certain combustible preparations (HS code 36) - an increase of $0.4 million;
  • Aluminum and articles thereof (HS code 76) - an increase of $0.3 million;
  • Edible fruit and nuts; peel of citrus fruit or melons (HS code 08) - an increase of $0.1 million;
  • Miscellaneous chemical products (HS code 38) - an increase of $0.1 million;
  • Railway or tramway locomotives, rolling-stock and parts thereof; railway or tramway track fixtures and fittings and parts thereof; mechanical (including electro-mechanical) traffic signalling equipment of all kinds (HS code 86) - an increase of $0.1 million.

The largest declines in US exports to Serbia in the 1st quarter of 2017 over the 1st quarter of 2016 were recorded for the following product groups:

  • Meat and edible meat offal (HS code 02) - a decrease of $1.5 million;
  • Tobacco and manufactured tobacco substitutes (HS code 24) - a decrease of $1.0 million;
  • Electrical machinery and equipment and parts thereof; sound recorders and reproducers, television image and sound recorders and reproducers, and parts and accessories of such articles (HS code 85) - a decrease of $0.8 million;
  • Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof (HS code 90) - a decrease of $0.6 million;
  • Essential oils and resinoids; perfumery, cosmetic or toilet preparations (HS code 33) - a decrease of $0.5 million;
  • Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof (HS code 84) - a decrease of $0.3 million;
  • Beverages, spirits and vinegar (HS code 22) - a decrease of $0.1 million;
  • Preparations of vegetables, fruit, nuts or other parts of plants (HS code 20) - a decrease of $0.1 million.
US exports to Serbia in the 1st quarter of 2017 by product groups
HS
code
Name of product group Value
of exports
in Q1 2017
(USD thousand)
Share
in total export
(%)
Value
of exports
in Q1 2016
(USD thousand)
Change
in Q1 2017
over Q1 2016
(%)
01 Live animals 0.0 0.00 2.7-100.00
02 Meat and edible meat offal 921.1 3.11 2,446.2-62.35
03 Fish and crustaceans, molluscs and other aquatic invertebrates 30.0 0.10 34.0-11.82
05 Products of animal origin, not elsewhere specified or included 15.7 0.05 0.0
06 Live trees and other plants; bulbs, roots and the like; cut flowers and ornamental foliage 0.0 0.00 48.3-100.00
08 Edible fruit and nuts; peel of citrus fruit or melons 129.6 0.44 0.0
10 Cereals 109.7 0.37 71.353.97
12 Oil seeds and oleaginous fruits; miscellaneous grains, seeds and fruits; industrial or medicinal plants; straw and fodder 31.9 0.11 4.3648.10
13 Lac; gums, resins and other vegetable saps and extracts 23.2 0.08 0.0
15 Animal or vegetable fats and oils and their cleavage products prepared edible fats; animal or vegetable waxes 3.4 0.01 10.1-66.67
16 Preparations of meat, of fish or of crustaceans, molluscs or other aquatic invertebrates 0.0 0.00 46.5-100.00
20 Preparations of vegetables, fruit, nuts or other parts of plants 139.8 0.47 258.7-45.98
21 Miscellaneous edible preparations 329.5 1.11 343.9-4.20
22 Beverages, spirits and vinegar 330.3 1.11 464.8-28.95
23 Residues and waste from the food industries; prepared animal feed 2.5 0.01 0.0
24 Tobacco and manufactured tobacco substitutes 5,538.5 18.69 6,507.5-14.89
25 Salt; sulfur; earths and stone; plastering materials, lime and cement 9.0 0.03 0.0
27 Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes 63.5 0.21 74.9-15.22
28 Inorganic chemicals; organic or inorganic compounds of precious metals, of rare-earth metals,of radioactive elements or of isotopes 7.7 0.03 4.285.55
29 Organic chemicals 120.5 0.41 73.364.30
30 Pharmaceutical products 705.7 2.38 208.4238.67
32 Tanning or dyeing extracts; dyes, pigments, paints, varnishes, putty and mastics 16.4 0.06 22.0-25.40
33 Essential oils and resinoids; perfumery, cosmetic or toilet preparations 100.3 0.34 577.0-82.62
34 Soap, organic surface-active agents, washing preparations, lubricating preparations, artificial waxes, prepared waxes, polishing or scouring preparations, candles and similar articles, modeling pastes, "dental waxes" and dental preparations with a basis of plaster 42.8 0.14 3.01,328.30
35 Albuminoidal substances; modified starches; glues; enzymes 0.0 0.00 18.3-100.00
36 Explosives; pyrotechnic products; matches; pyrophoric alloys; certain combustible preparations 377.7 1.27 0.0
38 Miscellaneous chemical products 382.4 1.29 261.646.21
39 Plastics and articles thereof 175.5 0.59 257.9-31.94
40 Rubber and articles thereof 137.1 0.46 222.8-38.46
42 Articles of leather; saddlery and harness; travel goods, handbags and similar containers; articles of animal gut (other than silkworm gut) 29.3 0.10 0.0
48 Paper and paperboard; articles of paper pulp, of paper or of paperboard 88.7 0.30 85.93.34
49 Printed books, newspapers, pictures and other products of the printing industry; manuscripts, typescripts and plans 10.9 0.04 32.6-66.46
51 Wool, fine or coarse animal hair; horsehair yarn and woven fabric 0.0 0.00 2.8-100.00
52 Cotton 33.3 0.11 19.174.91
54 Man-made filaments 83.0 0.28 0.0
56 Wadding, felt and nonwovens; special yarns, twine, cordage, ropes and cables and articles thereof 35.7 0.12 0.0
58 Special woven fabrics; tufted textile fabrics; lace, tapestries; trimmings; embroidery 33.8 0.11 62.4-45.73
59 Impregnated, coated, covered or laminated textile fabrics; textile articles of a kind suitable for industrial use 0.0 0.00 36.1-100.00
61 Articles of apparel and clothing accessories, knitted or crocheted 24.9 0.08 34.4-27.70
62 Articles of apparel and clothing accessories, not knitted or crocheted 16.0 0.05 8.881.39
63 Other made up textile articles; sets; worn clothing and worn textile articles; rags 17.6 0.06 28.2-37.62
64 Footwear, gaiters and the like; parts of such articles 4.2 0.01 12.8-67.26
65 Headgear and parts thereof 28.4 0.10 0.0
67 Prepared feathers and down and articles made of feathers or of down; artificial flowers; articles of human hair 13.9 0.05 41.3-66.33
68 Articles of stone, plaster, cement, asbestos, mica or similar materials 21.9 0.07 11.885.53
69 Ceramic products 2.6 0.01 14.9-82.56
70 Glass and glassware 14.6 0.05 15.4-4.87
71 Natural or cultured pearls, precious or semi-precious stones,precious metals, metals clad with precious metal and articles thereof; imitation jewelry; coin 8.8 0.03 8.80.22
73 Articles of iron or steel 204.7 0.69 227.1-9.86
74 Copper and articles thereof 0.0 0.00 4.8-100.00
75 Nickel and articles thereof 37.0 0.12 53.8-31.29
76 Aluminum and articles thereof 320.5 1.08 30.3956.62
81 Other base metals; cermets; articles thereof 14.5 0.05 2.9395.56
82 Tools, implements, cutlery, spoons and forks, of base metal; parts thereof of base metal 113.5 0.38 52.7115.50
83 Miscellaneous articles of base metal 31.6 0.11 16.294.84
84 Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof 4,798.7 16.19 5,115.9-6.20
85 Electrical machinery and equipment and parts thereof; sound recorders and reproducers, television image and sound recorders and reproducers, and parts and accessories of such articles 2,541.6 8.58 3,331.3-23.71
86 Railway or tramway locomotives, rolling-stock and parts thereof; railway or tramway track fixtures and fittings and parts thereof; mechanical (including electro-mechanical) traffic signalling equipment of all kinds 120.3 0.41 0.0
87 Vehicles other than railway or tramway rolling stock, and parts and accessories thereof 1,044.9 3.53 1,098.1-4.85
88 Aircraft, spacecraft, and parts thereof 2,164.9 7.31 1,480.146.26
89 Ships, boats and floating structures 43.4 0.15 75.1-42.16
90 Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof 2,395.8 8.08 3,029.1-20.91
92 Musical instruments; parts and accessories of such articles 46.2 0.16 37.822.33
93 Arms and ammunition; parts and accessories thereof 181.2 0.61 105.072.58
94 Furniture; bedding, mattresses, mattress supports, cushions and similar stuffed furnishings; lamps and lighting fittings, not elsewhere specified or included; illuminated sign illuminated nameplates and the like; prefabricated buildings 37.4 0.13 56.5-33.89
95 Toys, games and sports requisites; parts and accessories thereof 113.7 0.38 28.8294.87
96 Miscellaneous manufactured articles 47.0 0.16 132.0-64.36
97 Works of art, collectors’ pieces and antiques 3.0 0.01 0.0

US Imports from Serbia

The major share of US imports from Serbia in the 1st quarter of 2017 (and in the 1st quarter of 2016) was accounted for the following product types:

  • Machinery, equipment and vehicles (HS codes 84-90) - 38.02% of US total imports from Serbia (40.40% in the 1st quarter of 2016);
  • Chemical products (HS codes 28-40) - 12.88% of US total imports from Serbia (12.38% in the 1st quarter of 2016);
  • Metals and products from them (HS codes 72-83) - 11.36% of US total imports from Serbia (3.29% in the 1st quarter of 2016);
  • Food products and agricultural raw materials (HS codes 01-24) - 9.88% of US total imports from Serbia (17.19% in the 1st quarter of 2016);
  • Textiles, textile products and footwear (HS codes 50-67) - 4.15% of US total imports from Serbia (3.51% in the 1st quarter of 2016);
  • Precious metals and stones (HS code 71) - 0.79% of US total imports from Serbia (1.83% in the 1st quarter of 2016).

The largest gains in US imports from Serbia in the 1st quarter of 2017 over the 1st quarter of 2016 were recorded for the following product groups:

  • Vehicles other than railway or tramway rolling stock, and parts and accessories thereof (HS code 87) - an increase of $5.6 million;
  • Iron and steel (HS code 72) - an increase of $4.5 million;
  • Arms and ammunition; parts and accessories thereof (HS code 93) - an increase of $2.0 million;
  • Rubber and articles thereof (HS code 40) - an increase of $1.4 million;
  • Footwear, gaiters and the like; parts of such articles (HS code 64) - an increase of $1.0 million;
  • Articles of iron or steel (HS code 73) - an increase of $0.9 million;
  • Copper and articles thereof (HS code 74) - an increase of $0.8 million;
  • Glass and glassware (HS code 70) - an increase of $0.7 million;
  • Miscellaneous articles of base metal (HS code 83) - an increase of $0.5 million;
  • Plastics and articles thereof (HS code 39) - an increase of $0.4 million;
  • Furniture; bedding, mattresses, mattress supports, cushions and similar stuffed furnishings; lamps and lighting fittings, not elsewhere specified or included; illuminated sign illuminated nameplates and the like; prefabricated buildings (HS code 94) - an increase of $0.3 million.

The largest declines in US imports from Serbia in the 1st quarter of 2017 over the 1st quarter of 2016 were recorded for the following product groups:

  • Edible fruit and nuts; peel of citrus fruit or melons (HS code 08) - a decrease of $3.6 million;
  • Electrical machinery and equipment and parts thereof; sound recorders and reproducers, television image and sound recorders and reproducers, and parts and accessories of such articles (HS code 85) - a decrease of $3.4 million;
  • Natural or cultured pearls, precious or semi-precious stones,precious metals, metals clad with precious metal and articles thereof; imitation jewelry; coin (HS code 71) - a decrease of $0.6 million;
  • Preparations of vegetables, fruit, nuts or other parts of plants (HS code 20) - a decrease of $0.3 million.
US imports from Serbia in the 1st quarter of 2017 by product groups
HS
code
Name of product group Value
of imports
in Q1 2017
(USD thousand)
Share
in total import
(%)
Value
of imports
in Q1 2016
(USD thousand)
Change
in Q1 2017
over Q1 2016
(%)
01 Live animals 29.2 0.04 7.6284.75
04 Dairy produce; birds eggs; natural honey; edible products of animal origin, not elsewhere specified or included 31.1 0.04 34.6-9.92
07 Edible vegetables and certain roots and tubers 214.1 0.27 382.2-43.99
08 Edible fruit and nuts; peel of citrus fruit or melons 4,696.2 6.01 8,327.5-43.61
09 Coffee, tea, maté and spices 104.5 0.13 98.95.67
10 Cereals 0.0 0.00 80.2-100.00
11 Products of the milling industry; malt; starches; inulin; wheat gluten 13.6 0.02 6.4111.47
12 Oil seeds and oleaginous fruits; miscellaneous grains, seeds and fruits; industrial or medicinal plants; straw and fodder 57.0 0.07 15.8260.83
13 Lac; gums, resins and other vegetable saps and extracts 0.0 0.00 18.8-100.00
15 Animal or vegetable fats and oils and their cleavage products prepared edible fats; animal or vegetable waxes 3.0 0.00 3.9-23.99
17 Sugars and sugar confectionery 6.1 0.01 9.5-35.68
18 Cocoa and cocoa preparations 92.8 0.12 155.8-40.42
19 Preparations of cereals, flour, starch or milk; bakers’ wares 384.4 0.49 321.819.44
20 Preparations of vegetables, fruit, nuts or other parts of plants 240.9 0.31 567.1-57.52
21 Miscellaneous edible preparations 1,357.0 1.74 1,344.60.93
22 Beverages, spirits and vinegar 484.0 0.62 393.622.97
25 Salt; sulfur; earths and stone; plastering materials, lime and cement 5.4 0.01 0.0
28 Inorganic chemicals; organic or inorganic compounds of precious metals, of rare-earth metals,of radioactive elements or of isotopes 0.0 0.00 141.1-100.00
29 Organic chemicals 0.0 0.00 5.3-100.00
33 Essential oils and resinoids; perfumery, cosmetic or toilet preparations 11.9 0.02 30.0-60.28
34 Soap, organic surface-active agents, washing preparations, lubricating preparations, artificial waxes, prepared waxes, polishing or scouring preparations, candles and similar articles, modeling pastes, "dental waxes" and dental preparations with a basis of plaster 113.6 0.15 7.61,398.01
35 Albuminoidal substances; modified starches; glues; enzymes 92.0 0.12 192.3-52.16
36 Explosives; pyrotechnic products; matches; pyrophoric alloys; certain combustible preparations 377.3 0.48 377.4-0.02
39 Plastics and articles thereof 2,506.3 3.21 2,131.317.59
40 Rubber and articles thereof 6,960.4 8.91 5,585.224.62
42 Articles of leather; saddlery and harness; travel goods, handbags and similar containers; articles of animal gut (other than silkworm gut) 17.6 0.02 6.3180.76
43 Furskins and artificial fur; manufactures thereof 6.9 0.01 0.0
44 Wood and articles of wood; wood charcoal 111.5 0.14 66.866.84
48 Paper and paperboard; articles of paper pulp, of paper or of paperboard 41.3 0.05 11.0275.74
49 Printed books, newspapers, pictures and other products of the printing industry; manuscripts, typescripts and plans 38.6 0.05 9.0328.59
52 Cotton 0.7 0.00 0.0
55 Man-made staple fibers 0.0 0.00 1.8-100.00
56 Wadding, felt and nonwovens; special yarns, twine, cordage, ropes and cables and articles thereof 0.4 0.00 0.0
57 Carpets and other textile floor coverings 1.7 0.00 0.0
59 Impregnated, coated, covered or laminated textile fabrics; textile articles of a kind suitable for industrial use 0.5 0.00 0.348.27
61 Articles of apparel and clothing accessories, knitted or crocheted 286.1 0.37 264.38.25
62 Articles of apparel and clothing accessories, not knitted or crocheted 245.5 0.31 431.3-43.09
63 Other made up textile articles; sets; worn clothing and worn textile articles; rags 302.2 0.39 306.0-1.25
64 Footwear, gaiters and the like; parts of such articles 2,404.1 3.08 1,395.372.30
68 Articles of stone, plaster, cement, asbestos, mica or similar materials 14.0 0.02 9.547.16
69 Ceramic products 6.4 0.01 14.5-55.96
70 Glass and glassware 1,717.0 2.20 967.077.55
71 Natural or cultured pearls, precious or semi-precious stones,precious metals, metals clad with precious metal and articles thereof; imitation jewelry; coin 615.4 0.79 1,253.6-50.91
72 Iron and steel 4,529.6 5.80 7.759,056.71
73 Articles of iron or steel 2,060.5 2.64 1,199.071.85
74 Copper and articles thereof 1,668.7 2.14 867.992.28
75 Nickel and articles thereof 0.0 0.00 3.0-100.00
76 Aluminum and articles thereof 64.2 0.08 96.0-33.09
82 Tools, implements, cutlery, spoons and forks, of base metal; parts thereof of base metal 38.5 0.05 71.8-46.41
83 Miscellaneous articles of base metal 507.7 0.65 4.012,601.28
84 Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof 8,041.5 10.30 8,247.1-2.49
85 Electrical machinery and equipment and parts thereof; sound recorders and reproducers, television image and sound recorders and reproducers, and parts and accessories of such articles 8,639.6 11.06 12,054.2-28.33
87 Vehicles other than railway or tramway rolling stock, and parts and accessories thereof 12,614.6 16.15 7,020.079.69
88 Aircraft, spacecraft, and parts thereof 19.8 0.03 0.0
90 Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof 372.6 0.48 329.912.94
91 Clocks and watches and parts thereof 0.0 0.00 2.6-100.00
92 Musical instruments; parts and accessories of such articles 0.0 0.00 13.5-100.00
93 Arms and ammunition; parts and accessories thereof 12,391.0 15.87 10,351.619.70
94 Furniture; bedding, mattresses, mattress supports, cushions and similar stuffed furnishings; lamps and lighting fittings, not elsewhere specified or included; illuminated sign illuminated nameplates and the like; prefabricated buildings 672.5 0.86 345.094.94
95 Toys, games and sports requisites; parts and accessories thereof 124.8 0.16 175.1-28.72
96 Miscellaneous manufactured articles 11.0 0.01 5.888.51
97 Works of art, collectors’ pieces and antiques 59.1 0.08 39.151.05
Compiled by «US-EXPORT–IMPORT» based on the statistics of the US Department of Commerce